Russia's National Settlement Depository (NSD) says it will start publishing the fair values of more than 300 bond issues without international credit ratings from January 13 2020 using a new methodology that uses issuer credit quality estimations calculated based on models developed by Interfax and AKRA Risk Management (AKRA RM).

NSD adds that its Valuation Center assesses the widest circle of debt instruments using new methodologies in accordance with IFRS 13. This is very important for market participants due to the introduction of new rules to calculate net asset value.

The Valuation Center will be valuing approximately 1,500 debt instruments per day.

Market participants will be invited to test rating-less ruble-denominated bonds for free until the end of 2019. Access to all the Valuation Center methodologies is provided via API and an interface at nsddata.ru, as well as via a network of solutions of independent vendors, including RU Data Price, a unique product of the Interfax Group that uses Valuation Center methodologies.

How do I enable cookies in my browser?

Internet Explorer
1. Click the Tools button (or press ALT and T on the keyboard), and then click Internet Options.
2. Click the Privacy tab
3. Move the slider away from 'Block all cookies' to a setting you're comfortable with.

Firefox
1. At the top of the Firefox window, click on the Tools menu and select Options...
2. Select the Privacy panel.
3. Set Firefox will: to Use custom settings for history.
4. Make sure Accept cookies from sites is selected.

Safari Browser
1. Click Safari icon in Menu Bar
2. Click Preferences (gear icon)
3. Click Security icon
4. Accept cookies: select Radio button "only from sites I visit"

Chrome
1. Click the menu icon to the right of the address bar (looks like 3 lines)
2. Click Settings
3. Click the "Show advanced settings" tab at the bottom
4. Click the "Content settings..." button in the Privacy section
5. At the top under Cookies make sure it is set to "Allow local data to be set (recommended)"

Opera
1. Click the red O button in the upper left hand corner
2. Select Settings -> Preferences
3. Select the Advanced Tab
4. Select Cookies in the list on the left side
5. Set it to "Accept cookies" or "Accept cookies only from the sites I visit"
6. Click OK

Russia's National Settlement Depository (NSD) says it will start publishing the fair values of more than 300 bond issues without international credit ratings from January 13 2020 using a new methodology that uses issuer credit quality estimations calculated based on models developed by Interfax and AKRA Risk Management (AKRA RM).

NSD adds that its Valuation Center assesses the widest circle of debt instruments using new methodologies in accordance with IFRS 13. This is very important for market participants due to the introduction of new rules to calculate net asset value.

The Valuation Center will be valuing approximately 1,500 debt instruments per day.

Market participants will be invited to test rating-less ruble-denominated bonds for free until the end of 2019. Access to all the Valuation Center methodologies is provided via API and an interface at nsddata.ru, as well as via a network of solutions of independent vendors, including RU Data Price, a unique product of the Interfax Group that uses Valuation Center methodologies.